IBM's Competitors, Revenue, Number of Employees, Funding and Acquisitions

IBM manufactures and markets computer hardware and software, offers infrastructure, hosting and consulting services.

IBM ...
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Based on data from IBM's latest SEC filings

Annual Revenue

Based on data from IBM's latest SEC filings

Employees

Virginia M. Rometty's photo - Chairman & CEO of IBM

Chairman & CEO

Virginia M. Rometty

CEO Approval Rating

67/100

OVERVIEW

Founded:

1911

Headquarters:

ArmonkNew York

Status:

PublicIndependent Company of NYSEIBM

Industry Sector:

IT Services

Internet Software

Application Software

IT Consulting

Top Competitors or Alternatives

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Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Accenture is perceived as one of IBM's biggest rivals. Accenture is headquartered in Dublin, County Dublin, and was founded in 1989. Accenture operates in the Management Consulting Services industry. Accenture generates 52% the revenue of IBM.

Capgemini is one of IBM's top competitors. Capgemini is a Public company that was founded in 1967 in Paris, Île-de-France. Like IBM, Capgemini also competes in the IT Services field. Compared to IBM, Capgemini has 139,300 fewer employees.

DXC has been one of IBM's top competitors. DXC was founded in 2017 in Tysons, Virginia. Like IBM, DXC also works within the IT Services industry. DXC generates $57.5B less revenue than IBM.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Virginia M. Rometty

Chairman & CEO

- -
350,600
$0
$77.9B
1

Julie Sweet

CEO

86/100
459,000
- -
$43.3B
2

Paul Hermelin

Chairman & CEO

91/100
211,300
- -
$15.1B
3

Mike Salvino

CEO

79/100
150,000
- -
$20.4B
4

Takahito Tokita

President

83/100
140,365
- -
$40.8B
5

Sundar Pichai

CEO

95/100
98,771
$1.7B
$148.3B
6

Satya Nadella

CEO

75/100
131,000
$61M
$125.8B
7

Chuck Robbins

Chairman & CEO

82/100
74,200
- -
$51.9B
8

Andy Jassy

CEO

77/100
25,000
- -
$25.6B
9

Mark Hurd

Co-CEO

75/100
137,000
$31.5M
$39.5B
10

Jennifer Morgan

Co-CEO

75/100
84,183
- -
$29.2B

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$77.9B

IBM's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 56.2B. Over the last four quarters, IBM's revenue has grown by 2.2%. Specifically, in Q2 2019's revenue was $19.2B; in Q1 2019, it was $18.2B; in Q4 2018, it was $21.8B; in Q3 2018, IBM's revenue was $18.8B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Red Hat Inc

Oct 2018

Source »
$34B
Red Hat provides open source software development, training and certification services to the enterprise community.
Oniqua Pty Ltd.

Jun 2018

Source »
undisclosed
Oniqua is a provider of MRO inventory optimization solutions for mining, transportation and petrochemical industries.
Armanta Corporation

May 2018

Source »
undisclosed
Armanta is a developer and provider of aggregation and analytics software to financial services firms.
Vivant

Oct 2017

Source »
undisclosed
Vivant is a digital agency that offers behavioral science and data transformation solutions for financial industries.
Cloudigo

Sep 2017

Source »
undisclosed
Cloudigo is a data center company that specializes in developing data center infrastructure and networking solutions.

These are all the companies that IBM has acquired. IBM has acquired 59 companies and its latest acquisition was Red Hat Inc in Oct 2018. Red Hat provides open source software development, training and certification services to the enterprise community.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Apttus is a provider of revenue management solutions for energy, financial, healthcare, and entertainment industries.
$55.2M
Sep 07, 2017
Series E
Sep 01, 2018
Lightbend is a provider of reactive application development platform for building distributed applications.
$15M
Jul 11, 2017
Series C
-
Digital Asset is a distributed ledger platform that offers compliance reporting and auction settlement solutions for financial institutions.
$60M
Jan 20, 2016
Equity
-
WayBlazer is an AI based travel planning platform that delivers driving conversion and engagement solutions for travel and leisure industry.
$5M
May 18, 2015
Series A
-
Sellpoints develops an e-commerce optimization platform that offers digital marketing and data analytics solutions for enterprises.
$7.5M
May 18, 2015
Series C
Aug 01, 2019

These are all the companies that IBM has invested in. IBM has invested 59 companies and its latest investment was Red Hat Inc in Oct 2018. Red Hat provides open source software development, training and certification services to the enterprise community.

IBM News

October 16, 2019Light Reading

IBM Reports Q3 Revenue $18B Down 3.9%

Strong performance by Red Hat accelerates cloud revenue growth, IBM says.... See more »
October 16, 2019MarketWatch

IBM stock slips after revenue misses Street view

International Business Machines Inc. shares declined in the extended session Wednesday after the tech... See more »
October 16, 2019Reuters

IBM beats profit estimates on cloud-computing growth

International Business Machines Corp beat analysts' estimates for third-quarter profit on Wednesday, ... See more »
October 16, 2019TechCrunch

Autonomous 'Mayflower' research ship will use IBM AI tech to cross the Atlantic in 2020

A fully autonomous ship called the 'Mayflower' will make its voyage across the Atlantic Ocean next Se... See more »

IBM Blogs

October 26, 2016IBM Blog

18 OpenStack Cloud Vendors Successfully Complete Community Interop Challenge Issued by IBM Cloud

IBM today announced the results of the Interop Challenge, a cloud industry initiative aimed at demons... See more »
October 25, 2016IBM Blog

IBM Introduces New Watson Solutions for Professions

IBM today unveiled a series of new cognitive solutions intended for professionals in marketing, comme... See more »
October 25, 2016IBM Blog

IBM Powers MobileFirst for iOS Apps with Watson to Boost Decision Making for Professionals

IBM today announced it will empower professionals with the first-of-its-kind ability to combine enter... See more »
October 25, 2016IBM Blog

The Weather Channel Launches Bot For Facebook Messenger, Powered By IBM Watson

The Weather Company, an IBM Business announced today that The Weather Channel has launched a cognitiv... See more »
October 20, 2016IBM Blog

Report: IBM Global Business Services Ranked #1 in Thought Leadership

IBM announced today that for the fifth time, its consulting organization was named the industry's top... See more »
October 19, 2016IBM Blog

The Weather Company Launches its Signature WEATHERfx Ad-targeting Platform in Germany with BurdaForward

Together with BurdaForward and launch partner GlaxoSmithKline (GSK), The Weather Company, an IBM Busi... See more »

IBM Press Releases

August 28, 2019PR Newswire

IBM Changes the Game for Professional Tennis Players with Coach Advisor

FLUSHING, N.Y., Aug. 28, 2019 /PRNewswire/ -- IBM (NYSE: IBM) today announced Coach Advisor, a new te... See more »
August 20, 2019PR Newswire

IBM Commended by Frost & Sullivan for its Software-defined Storage Platform, IBM Cloud Object Storage

The solution's flexibility and simplicity allows customers to quickly deploy and scale their storage,... See more »
July 11, 2019StreetInsider

Tortoise Announces Expected Constituent Change Due to Merger and Acquisition Activity

LEAWOOD, Kan.--(BUSINESS WIRE)-- Tortoise today announced that Red Hat Inc. (NYSE: RHT) has been remo... See more »
June 18, 2019PR Newswire

IBM-Powered Supercomputers Lead Semi-Annual Rankings

ARMONK, N.Y., June 18, 2019 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it is the only vendo... See more »
June 17, 2019StreetInsider

IBM POWER9 on IBM Cloud to Help Accelerate Adoption of Hybrid Cloud

IBM (NYSE: IBM) today announced that IBM POWER9-based IBM Power Systems Virtual Servers are now avail... See more »
May 16, 2019PRWeb

Intellipaat Collaborates with IBM to Equip Next Gen with Future Ready Skills

Intellipaat & IBM Collaborated to design an integrated curriculum, where expertise of both organizati... See more »

IBM Videos

May 18, 2016IBM Youtube Channel

"IBM Today" on YOUTUBE

January 27, 2016IBM Vimeo Channel

"Think Out Loud - The making of a mural" on VIMEO

IBM Artist in Residence Event, IBM Studios, Astor PlaceIBM invited graffiti artist, Greg Lamarche, to... See more »
January 5, 2016IBM Youtube Channel

"Cognitive Fitness Tracking" on YOUTUBE

November 18, 2015IBM Youtube Channel

"Anil Ananthaswamy" on YOUTUBE

Social Statistics

Headquarters

1 New Orchard Road

Armonk, New York10504-1722

1-914-499-1900

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

IBM (NYSE: IBM) is a multinational technology corporation founded by Charles Ranlett Flint in 1911 and headquartered in Armonk, New York. IBM employs more than 380,000 employees and produces $80B USD in annual revenue. IBM’s product line consists of p...

CEO

IBM's Chairman & CEO, Virginia M. Rometty, currently has an approval rating of 67%. IBM's primary competitors are Accenture, Capgemini & DXC.

Website

ibm.com

Frequently Asked Questions about IBM

  1. When was IBM founded?

    IBM was founded in 1911
  2. Who is IBM's CEO?

    IBM's CEO is Virginia M. Rometty
  3. How much revenue does IBM generate?

    IBM generates $77.9B in revenue
  4. How much funding does IBM have?

    IBM has historically raised $0 in funding
  5. Where is IBM's headquarters?

    IBM's headquarters is in Armonk New York, USA
  1. How many employees does IBM have?

    IBM has 350,600 employees
  2. What sector does IBM operate in?

    IBM is in IT Services, Internet Software, Application Software
  3. Who are IBM's competitors?

    IBM's top competitors are Accenture, Capgemini, DXC
  4. Who has IBM invested in?

    IBM's has invested in companies such as Apttus, Lightbend, Digital Asset